Jefferies warns against buying the dip in Circle as Open USD raises new competition fears
The investment bank said new competition from the Stripe and Coinbasebacked stablecoin consortium could pressure USDC's growth. Source：CoinDesk
French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and competes with Circle's EURC and SocGen's EURCV.…
Europe is rewriting its landmark crypto rulebook MiCA as hard July 1 deadline passes
The EU is reviewing whether its landmark crypto regulation MiCA needs updating for a market reshaped by stablecoins and tokenization. Source：CoinDesk
French banking giant Crédit Agricole launches EURXT euro stablecoin
Crédit Agricole’s CACEIS launches a europegged stablecoin on Ethereum with 20.02 million tokens issued, targeting institutional flows and tokenized fund…
Taiwan’s legislature passes crypto, stablecoin regulations
Taiwan’s legislative branch has passed the nation’s first crypto and stablecoin rules, which aim to integrate the country with the global crypto market.…
Financial companies join forces for US dollar stablecoin, keeping reserve earnings
The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two…
Why OpenUSD's 'real threat' that tanked Circle stock still faces a steep uphill battle for adoption
The Stripe and Coinbasebacked stablecoin consortium can challenge Circle's business model, but analysts say building a network is harder than assembling…
Business use of stablecoins set for growth surge: Cybrid report
The majority of businesses surveyed are likely to use stablecoins within the next 12 months, while regulatory clarity remained the biggest barrier to wider…
Circle slides 8% as Stripe, Coinbase and BlackRock back rival stablecoin network
Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC. Source：CoinDesk
MetaMask launches Money Account with stablecoin yield and spending in one wallet
The launch reflects a broader push to make stablecoins more useful beyond trading and transfers. Source：CoinDesk
MetaMask launches stablecoin yield account with card spending
MetaMask launches Money Account it says offers up to 4% variable APY on mUSD stablecoin balances and card spending, with DeFipowered yield via vaults,…
Spiko links EU regulated T-bill funds to Coinbase stablecoin rails
Spiko integrated Coinbase Payments into two EU regulated UCITS Treasury funds, enabling USDC and EURC subscriptions and redemption payments through Base.…